Core Viewpoint - Tencent Music's stock opened nearly 13% higher, reflecting strong financial performance in its latest earnings report, with significant growth in revenue and net profit [1] Financial Performance - For the second quarter ending June 30, 2025, Tencent Music reported total revenue of 8.44 billion yuan, a year-on-year increase of 17.9% [1] - Adjusted net profit for the same period reached 2.64 billion yuan, representing a year-on-year growth of 33.0% [1] Online Music Business - The online music segment showed robust growth, with online music service revenue increasing by 26.4% to 6.85 billion yuan [1] - Online music subscription revenue grew by 17.1% to 4.38 billion yuan [1] - The number of paid online music users rose by 6.3% to 124.4 million, with ARPPU (Average Revenue Per Paying User) increasing to 11.7 yuan [1]
港股异动 | 腾讯音乐-SW(01698)高开近13% 二季度调整后净利同比增三成 在线音乐业务高质量增长